Advertisement
'We're All Writing A New Playbook Now': Small Business Loan Program Presents Challenges
Resume![Many small businesses are still hoping to get a loan from the federal paycheck protection program to stay afloat during stay-at-home orders. (Mark Lennihan/AP)](https://wordpress.wbur.org/wp-content/uploads/2020/04/AP_20098766562446-1000x653.jpg)
Congress could be nearing a deal on a second round of funding for the Small Business Administration program formed in light of the coronavirus. Many small businesses are still hoping to get a loan from the federal paycheck protection program to stay afloat during stay-at-home orders. The $349 billion dollar program ran out of money last week.
To hear more about how one financial institution has been handling this, Here & Now's Jeremy Hobson speaks with Gene Pelham, president and CEO of Rogue Credit Union in Medford, Oregon.
This segment aired on April 20, 2020.